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Side-by-side financial comparison of ARDELYX, INC. (ARDX) and Priority Technology Holdings, Inc. (PRTH). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $94.5M, roughly 2.6× ARDELYX, INC.). Priority Technology Holdings, Inc. runs the higher net margin — 3.6% vs -39.8%, a 43.4% gap on every dollar of revenue. On growth, ARDELYX, INC. posted the faster year-over-year revenue change (27.5% vs 8.8%). Over the past eight quarters, ARDELYX, INC.'s revenue compounded faster (13.6% CAGR vs 9.6%).

Ardelyx, Inc. is a commercial-stage biopharmaceutical firm developing and commercializing innovative therapies for gastrointestinal, cardiorenal and metabolic diseases with high unmet medical needs. Its lead product is approved in the US for irritable bowel syndrome with constipation, and it holds a robust pipeline of early and late-stage drug candidates.

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

ARDX vs PRTH — Head-to-Head

Bigger by revenue
PRTH
PRTH
2.6× larger
PRTH
$247.1M
$94.5M
ARDX
Growing faster (revenue YoY)
ARDX
ARDX
+18.6% gap
ARDX
27.5%
8.8%
PRTH
Higher net margin
PRTH
PRTH
43.4% more per $
PRTH
3.6%
-39.8%
ARDX
Faster 2-yr revenue CAGR
ARDX
ARDX
Annualised
ARDX
13.6%
9.6%
PRTH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ARDX
ARDX
PRTH
PRTH
Revenue
$94.5M
$247.1M
Net Profit
$-37.6M
$8.9M
Gross Margin
Operating Margin
13.6%
Net Margin
-39.8%
3.6%
Revenue YoY
27.5%
8.8%
Net Profit YoY
23.9%
EPS (diluted)
$-0.15
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARDX
ARDX
PRTH
PRTH
Q1 26
$94.5M
Q4 25
$125.2M
$247.1M
Q3 25
$110.3M
$241.4M
Q2 25
$97.7M
$239.8M
Q1 25
$74.1M
$224.6M
Q4 24
$116.1M
$227.1M
Q3 24
$98.2M
$227.0M
Q2 24
$73.2M
$219.9M
Net Profit
ARDX
ARDX
PRTH
PRTH
Q1 26
$-37.6M
Q4 25
$-407.0K
$8.9M
Q3 25
$-969.0K
$27.6M
Q2 25
$-19.1M
$10.9M
Q1 25
$-41.1M
$8.3M
Q4 24
$4.6M
$7.2M
Q3 24
$-809.0K
$10.6M
Q2 24
$-16.5M
$994.0K
Gross Margin
ARDX
ARDX
PRTH
PRTH
Q1 26
Q4 25
91.3%
Q3 25
96.4%
Q2 25
87.3%
Q1 25
83.4%
Q4 24
84.3%
Q3 24
84.0%
Q2 24
87.1%
Operating Margin
ARDX
ARDX
PRTH
PRTH
Q1 26
Q4 25
4.1%
13.6%
Q3 25
4.2%
15.6%
Q2 25
-14.7%
15.6%
Q1 25
-49.0%
14.5%
Q4 24
7.0%
15.0%
Q3 24
2.3%
16.8%
Q2 24
-18.6%
15.1%
Net Margin
ARDX
ARDX
PRTH
PRTH
Q1 26
-39.8%
Q4 25
-0.3%
3.6%
Q3 25
-0.9%
11.4%
Q2 25
-19.5%
4.5%
Q1 25
-55.5%
3.7%
Q4 24
4.0%
3.2%
Q3 24
-0.8%
4.7%
Q2 24
-22.5%
0.5%
EPS (diluted)
ARDX
ARDX
PRTH
PRTH
Q1 26
$-0.15
Q4 25
$-0.01
$0.10
Q3 25
$0.00
$0.34
Q2 25
$-0.08
$0.14
Q1 25
$-0.17
$0.10
Q4 24
$0.01
$-0.05
Q3 24
$0.00
$0.07
Q2 24
$-0.07
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARDX
ARDX
PRTH
PRTH
Cash + ST InvestmentsLiquidity on hand
$238.1M
$77.2M
Total DebtLower is stronger
$203.5M
$1.0B
Stockholders' EquityBook value
$148.6M
$-100.4M
Total Assets
$504.5M
$2.4B
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDX
ARDX
PRTH
PRTH
Q1 26
$238.1M
Q4 25
$68.0M
$77.2M
Q3 25
$42.7M
$57.0M
Q2 25
$90.0M
$50.6M
Q1 25
$30.8M
$47.6M
Q4 24
$64.9M
$58.6M
Q3 24
$47.4M
$41.1M
Q2 24
$41.9M
$34.6M
Total Debt
ARDX
ARDX
PRTH
PRTH
Q1 26
$203.5M
Q4 25
$202.8M
$1.0B
Q3 25
$202.1M
$997.5M
Q2 25
$201.4M
$917.0M
Q1 25
$151.3M
$918.9M
Q4 24
$150.9M
$920.9M
Q3 24
$100.7M
$808.1M
Q2 24
$100.2M
$809.0M
Stockholders' Equity
ARDX
ARDX
PRTH
PRTH
Q1 26
$148.6M
Q4 25
$166.9M
$-100.4M
Q3 25
$154.3M
$-110.3M
Q2 25
$139.5M
$-146.1M
Q1 25
$145.7M
$-158.3M
Q4 24
$173.3M
$-166.8M
Q3 24
$158.3M
$-165.8M
Q2 24
$147.0M
$-172.1M
Total Assets
ARDX
ARDX
PRTH
PRTH
Q1 26
$504.5M
Q4 25
$501.6M
$2.4B
Q3 25
$486.2M
$2.2B
Q2 25
$466.8M
$2.0B
Q1 25
$410.2M
$1.9B
Q4 24
$435.8M
$1.8B
Q3 24
$367.9M
$1.8B
Q2 24
$343.5M
$1.7B
Debt / Equity
ARDX
ARDX
PRTH
PRTH
Q1 26
1.37×
Q4 25
1.21×
Q3 25
1.31×
Q2 25
1.44×
Q1 25
1.04×
Q4 24
0.87×
Q3 24
0.64×
Q2 24
0.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARDX
ARDX
PRTH
PRTH
Operating Cash FlowLast quarter
$36.8M
Free Cash FlowOCF − Capex
$30.9M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDX
ARDX
PRTH
PRTH
Q1 26
Q4 25
$21.0M
$36.8M
Q3 25
$365.0K
$36.1M
Q2 25
$-25.3M
$17.1M
Q1 25
$-38.5M
$10.0M
Q4 24
$9.8M
$23.8M
Q3 24
$501.0K
$19.8M
Q2 24
$-19.4M
$28.7M
Free Cash Flow
ARDX
ARDX
PRTH
PRTH
Q1 26
Q4 25
$20.6M
$30.9M
Q3 25
$209.0K
$30.1M
Q2 25
$-26.0M
$9.2M
Q1 25
$-38.8M
$4.9M
Q4 24
$9.2M
$19.1M
Q3 24
$364.0K
$14.5M
Q2 24
$-19.5M
$23.6M
FCF Margin
ARDX
ARDX
PRTH
PRTH
Q1 26
Q4 25
16.4%
12.5%
Q3 25
0.2%
12.5%
Q2 25
-26.6%
3.8%
Q1 25
-52.3%
2.2%
Q4 24
7.9%
8.4%
Q3 24
0.4%
6.4%
Q2 24
-26.7%
10.7%
Capex Intensity
ARDX
ARDX
PRTH
PRTH
Q1 26
Q4 25
0.3%
2.4%
Q3 25
0.1%
2.5%
Q2 25
0.7%
3.3%
Q1 25
0.4%
2.3%
Q4 24
0.5%
2.0%
Q3 24
0.1%
2.3%
Q2 24
0.2%
2.3%
Cash Conversion
ARDX
ARDX
PRTH
PRTH
Q1 26
Q4 25
4.12×
Q3 25
1.31×
Q2 25
1.57×
Q1 25
1.20×
Q4 24
2.11×
3.29×
Q3 24
1.87×
Q2 24
28.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARDX
ARDX

IBSRELA$70.1M74%
XPHOZAH$23.3M25%
Non-cash royalty revenue related to the sale of future royalties$695.0K1%
Product supply revenue$354.0K0%

PRTH
PRTH

Segment breakdown not available.

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